MIRA
INFORM REPORT
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Report Date : |
12.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
IRANECO ECONOMY & STRATEGY CONSULTING LTD |
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Registered Office : |
Roshanai Street No 4,Tehran |
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Country : |
Iran |
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Date of Incorporation : |
2003 |
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Legal Form : |
Limited Liability company |
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Line of Business : |
Subject is a provider of both economic analysis and strategy consulting for doing business in and out of Iran. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
CO. NAME
IRANECO ECONOMY & STRATEGY CONSULTING LTD (Correct)
MAHDY FARHADIAN (Requested)
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ADDRESS
Street : Roshanai Street No 4
Town : Tehran
Country : Iran
Telephone: (98 21) 912 102 1296
Fax : (98 21) 6693 1908 / 8877 7540
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SENIOR COMPANY
PERSONNEL
Name Position
Dr Mahdy Farahadian General Manager
Total Employees : 3 (administration)
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PAYMENTS
No complaints have been heard regarding payments from local suppliers or banks.
We consider it is acceptable to deal with subject for SMALL amounts although in waive of the lack of financial information international supplier may wish to exercise a measure of caution where larger or protracted dealings are envisage.
Opinion on maximum credit : RIAL 150,000,000 (due attention will be given to above remarks)
Trade risk assessment : Normal (see above comments)
Opinion on the credit figure of US DLRS 1,500,000:
We consider the above figure to be beyond the Company's financial capabilities and recommend dealing on fully secured terms.
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PRINCIPAL BANKERS
NAME : BANK SADERAT IRAN
Branch : 43 Somayeh Avenue
PO Box : 15745-631
Town : Tehran
Telephone : (98 21) 836091
Fax : (98 21) 8883 9539
SWIFT : BSIR IR TH
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FINANCIAL INFORMATION
Under Iranian Company Law companies are not required to publish or disclose balance sheets and the subject interviewed declined to give any financial information, which the company regards as strictly confidential.
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LEGAL STATUS AND
HISTORY
Date Started : 2003
Paid up Capital : RIAL 10,000,000
Sherkat Massouliate Mahdoud (limited liability company) with the following shareholders :
1. Dr Mahdy Farahadian
2. Undisclosed shareholders.
Personal Profile on Dr Mahdy Farhadian is born and based in Hamburg, Germany. In 1996, he earned his MBA/Diplom-Kaufmann in Marketing and Finance from University of Regensburg, Germany and Murray State University, Kentucky. In 2002, Mahdy published his dissertation The economic reconstruction of Iran: From Monarchist Modernization to Socio-Economic Liberalization” (in german) at University of Regensburg.
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ACTIVITIES
The Company is involved in the following activities:
Subject is a provider of both economic analysis and strategy consulting for doing business in and out of Iran.
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FACILITIES
The Company has the following facilities:
Office premises located at the heading address.
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SPECIAL NOTE
You enquired on : Mahdy Farhadian. Please note the correct name is as per heading.
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)